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Backgrounder
Tenggara Backgrounder November 05, 2021
POLITICS
Andika Perkasa becomes Jokowi’s sole choice for TNI commander
Barring unforeseeable circumstances, the House of Representatives will endorse the nomination of Army chief of staff Gen. Andika Perkasa as the new Indonesian Military (TNI) chief, replacing Air Chief Marshal Hadi Tjahjanto who is retiring. House Spe...
G-20 presidency tests Jokowi’s global leadership skills
Beginning on Dec. 1, President Joko “Jokowi” Widodo will assume the presidency of the Group of 20 wealthiest nations, also known as G-20, elevating the man, who just 20 years ago was still peddling furniture, to the status as a global leader. As the...
Mid-trial crash casts doubt over safety of LRT
Safety is the most pressing issue for the government to address before it allows the operation of the Greater Jakarta LRT, following an accident during the trial run. No one was killed on Oct. 25 when an LRT train crashed into a parked train in Cipa...
Transparency a burning issue amid flip-flopping PCR policies
Following a public backlash, the government scrapped the mandatory polymerase chain reaction (PCR) test requirement for domestic air travel shortly after it was imposed. As the government’s flip-flopping attitude brings about confusion, critics have...
BUSSINES & ECONOMICS
MIND ID directors replaced despite Rp 9.8 trillion profit
State-owned mining holding company Mining Industry Indonesia (MIND ID) booked a soaring 800 percent increase in net profits to Rp 9.8 trillion (US$681.5 million) in the first nine months of this year from a net loss of Rp 1.4 trillion in the same per...
Indonesia demands developed countries step up at COP26
President Joko “Jokowi” Widodo seized the moment of a global climate conference in Glasgow, the United Kingdom, to demand that developed countries provide financial support for countries with significant forest cover, such as Indonesia, so that they...
MK: Coal contracts extension ‘can be given’, not ‘guaranteed’
The Constitutional Court’s (MK) has revised the Mineral and Coal (Minerba) Law Article 169 that guarantees the extension of coal mining contracts (PKP2B) and contracts of work (KK) into special mining permits (IUPK). Under the MK’s ruling, the extens...
Investors hedge risk against Fed rate hike
The United States Federal Reserve (the Fed) has finally announced its decision to start an eight-month tapering of its $120 billion quantitative easing program, due to start “later this month” and run until June 2022. The monthly tapering pace involv...
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